Euro / U.S. Dollar
Long

EURUSD Technical Expert Review - 3 May 2025

77
📊 Comprehensive Analysis – Multi-Layered Setup Based on LQ Close + Classic Liquidity Manipulation

✅ 1. Proper Reaction to 8H LQ Close Zone
Price reacted accurately to the 8-hour LQ Close zone. However, the 40% level of the ATI candle remains untouched. If price revisits this area, we can expect a potential sell setup, especially if we get confirmation through structure breaks, engulfing candles, or ATI invalidation.

🧠 2. Manipulation of Classic Liquidity Patterns (Trendline, Channel, Triangle)
We see a clean sweep of all classic retail patterns – trendlines, ascending/descending channels, and triangle breakouts. These acted as liquidity traps and were perfectly manipulated, representing Phase 1 and 2 inducements, similar to concepts in ICT and Vector strategies.

📈 3. Bullish Move From 1H LQ Close to Black Trendline
From the 1H LQ Close zone, we had a bullish impulse that pushed price toward the black trendline. However, this move failed to sustain due to a sharp drop caused by news, indicating it might have been a fakeout or part of an incomplete internal structure.

⚠️ 4. Suicide Level Below = Potential for Short-Term Reaction
There’s a key “suicide level” at the bottom of the chart – a high-probability zone for a quick bullish reaction. If price shows impulsive behavior or liquidity sweeps on lower timeframes, this level could push price back up to the 1H LQ Close zone.

🔁 5. If Suicide Level Fails → Watch for 4H LQ Close Zone to Act as Reversal Point
If the suicide level doesn't hold, we shift focus to the 4H LQ Close zone, which could act as a major reversal area. Look for bullish confirmations like order blocks, strong engulfing candles, or liquidity voids forming around that area.

🎯 Final Note:
This chart is a perfect example of how LQ Close zones across multiple timeframes, paired with classic liquidity traps and smart price action confirmation, can guide high-quality setups in the Phantom Pips style.

Right now, we’re waiting for a clear reaction from either:

The 40% ATI candle zone above → Sell opportunity

The 4H LQ Close zone below → Potential buy setup

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